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What would happen if California did declare bankruptcy?

Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?
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no... most likely a hugh second party investors would probably come and bail the state out for benifits.
 
Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.
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Oh come on... at a liquidation sale California would probably sell for a buck fiddy.
 
The state would have to start selling property to pay creditors. I can just see the headline, "california state buildings are for sale."
 
Originally posted by: SunnyD
Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.
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Oh come on... at a liquidation sale California would probably sell for a buck fiddy.
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So the auction has begun?

tree fiddy!
 
Originally posted by: joesmoke
Originally posted by: DocHolliday
Originally posted by: AccruedExpenditure
Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.
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40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE
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Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash
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i read the link and i still dont get it 🙁
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Was suggesting that businesses in California buy it and run it. Anyway, it's a good book.
 
Originally posted by: DocHolliday
Originally posted by: joesmoke
Originally posted by: DocHolliday
Originally posted by: AccruedExpenditure
Originally posted by: LtPage1
Nevada couldn't afford our side of Lake Tahoe, much less a $40Billion economy.
Click to expand...

40 billion? There are companies IN California that make that much. Try 1.8 Trillion
-AE
Click to expand...

Snow Crash anyone? http://en.wikipedia.org/wiki/Snow_Crash
Click to expand...

i read the link and i still dont get it 🙁
Click to expand...

Was suggesting that businesses in California buy it and run it. Anyway, it's a good book.
Click to expand...

thank you. it did sound kinda cool, a half black half korean hacker/swordsman who delivers pizza... for the mob 🙂
 
Lex Luthor will set off a series of detonations along the San Adreas fault to send most of California hurtling into the sea.


Dibs on Otisburg.
 
Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?
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We'll buy the good parts (the ones along our border and to the north) for pennies on the dollar. You guys can keep LA and SF, thank you very much.
 
Originally posted by: So
Originally posted by: SunnyD
Would Nevada buy it for shits and giggles?
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We'll buy the good parts (the ones along our border and to the north) for pennies on the dollar. You guys can keep LA and SF, thank you very much.
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That's what I thought. 🙂
 
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